512 W Brown St., Tempe, AZ 85281

Excellent rentals or development opportunity in hot downtown tempe neighborhood. Two separate side-by-side lots zoned R-3 (See MLS#2287231)ready for multi-family development. Rentals cash flow while you put project together or build 2 new single family homes two blocks from Rio Salado/town lake and the downtown. New development projects are underway one block in either direction. Corner duplex is also available if needed for development. Sale will not be subject to appraisal and properties are sold as-is. No zoning changes necessary to begin. Addresses are 512 and 518 W. Brown, each are $275K. Can be sold separately but must close together.